Wednesday, April 25, 2012

DailyMarkets.com - BUY NUGT @ $12.50

DailyMarkets.com - BUY NUGT @ $12.50

BUY NUGT @ $12.50

Posted: 25 Apr 2012 04:51 PM PDT

I’ve been spending whatever kazillion hours I (don’t) have writing new True Strength Index (TSI) indicators for the past month. Actually, they are not indicators so much as experiments. Anyway, I wish I could report some promising breakthrough, but alas, I cannot. The trend line break, ZERO crossover and positive/negative divergence BUY/SELL, while never 100% reliable, are still the best techniques.

I have been thinking that the mining stocks have become stupid cheap once again, so when I … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Mad Cow Case: US Beef Exports Not “Moooved”

Posted: 25 Apr 2012 03:58 PM PDT

04/25/12 The fourth case of mad cow disease in the US may have sparked panic, but the atypical form of BSE does not appear to pose a risk to the food … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hot Option Plays: Fed Speaks

Posted: 25 Apr 2012 03:44 PM PDT

Cusick’s Corner 04-25-2012
The FOMC was a non event and the forecasts were hawkish, higher rates and inflation can be expected. Big Ben kept the quiver of easing on the ready, just in case EU or Employment tips. This was a win all-around for the bulls and after the upside move in the morning, the indices were mostly range bound. Now with the Fed and AAPL out of the way, the Data really ramps up — Claims tomorrow and then we swing into some big earnings names which could add some volatility … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Mixed 1Q For Celanese Corp.

Posted: 25 Apr 2012 03:33 PM PDT

Specialty material company Celanese Corporation (NYSE:CE) reported first-quarter 2012 adjusted earnings (excluding one-time charges and gains) of 72 cents per share, down from 96 cents a year ago.
The results were below the Zacks Consensus Estimate of 77 cents. Profit, as reported, jumped 28.9% year over year to $183 million (or $1.15 per share).
Revenues and Margins
Sales for the quarter amounted to $1,633 million, up 3% year over year, exceeding the Zacks Consensus Estimate of $1,616 million. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Rockwell Automation Falls Short

Posted: 25 Apr 2012 03:20 PM PDT

Rockwell Automation, Inc. (NYSE:ROK) reported a 2% increase in EPS to $1.16 in the second quarter of fiscal 2012 from $1.14 in the same quarter of prior fiscal year, but fell short of the Zacks Consensus Estimate by 11 cents.
Sales in the quarter grew 7% to $1.56 billion, lower than the Zacks Consensus Estimate of $1.57 billion. Acquisitions contributed 1 percentage point to the increase, while currency translation negatively impacted sales by 1 percentage point.
Cost of sales increased 6% to $943 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Jobless Claims, Chevron & Exxon Mobil Earnings

Posted: 25 Apr 2012 03:20 PM PDT

04/25/12 Initial jobless claims are amongst the slew of data releases on Thursday morning. A plethora of earnings reports will also be … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MGIC Yet To Recover From Losses

Posted: 25 Apr 2012 03:03 PM PDT

Mortgage insurer MGIC Investment Corp. (NYSE:MTG) suffered an operating loss of 48 cents per share on account of higher claim costs and lower premiums written. The reported loss was wider than the Zacks Consensus Estimate of a loss of 47 cents. 
Operating loss was significantly wider than the loss of 20 cents per share recorded in the prior-year quarter. The results reflect the repercussions faced by the company due to the housing market crisis.
Total revenues for the quarter were $379.7 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

C.H. Robinson Misses Rev, Beats EPS

Posted: 25 Apr 2012 02:53 PM PDT

C.H. Robinson Worldwide Inc. (NASDAQ:CHRW) has reported first quarter 2012 earnings per share of 65 cents, in line with the Zacks Consensus Estimate. Reported earnings also increased 8.1% from 62 cents in the year-ago quarter, primarily driven by Intermodal and trucking revenues.
Total revenue in the first quarter escalated 7.9% year over year to $2.55 billion, but lagged the Zacks Consensus Estimate of $2.61 billion.
Total operating expenses rose 5.0% year over year to $245.2 million, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AK Steel Turns To Red

Posted: 25 Apr 2012 02:53 PM PDT

AK Steel Holding Corporation (NYSE:AKS) has slipped into a loss in first-quarter 2012 as it saw a decline in sales and shipment volumes. The Ohio-based leading producer of flat-rolled carbon, stainless, electrical steel and tubular products posted a net loss $11.8 million (or 11 cents a share) compared with a profit of $8.7 million (or 8 cents per share). The results came in sync with the Zacks Consensus Estimate.
Revenue
Revenues dipped 4.6% year over year to $1,508.7 million, missing the Zacks … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Disappointing 1Q For Juniper

Posted: 25 Apr 2012 02:53 PM PDT

Juniper Networks (NASDAQ:JNPR) posted adjusted earnings per share (EPS) of 6 cents in the first quarter of 2012, missing the Zacks Consensus Estimate by a penny.
Revenues
Juniper Networks' revenues declined 6.27% year over year to $1.03 billion in the reported quarter. The company generated 74.8% of its consolidated quarterly revenue from product sales, while the remaining 25.2% came from service revenues. Product revenues declined 12.0%, whereas services revenues increased 16.3%, from the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Jacobs Wins Two More Contracts

Posted: 25 Apr 2012 02:53 PM PDT

Earlier this week, Jacobs Engineering Group Inc. (NYSE:JEC) announced that it has been awarded two strategic contracts, one being the Contract Option Year for work at TVA’s Kingston Site and another, a second contract from Hong Kong SAR Government to Manage and Operate Public Works Regional Laboratory.
Jacobs has been awarded its second option year on the Tennessee Valley Authority’s (TVA) Ash Recovery Project. The option year for the project at the Kingston Fossil Plant in Kingston, Tenn. holds a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Sears Sells Off More Pieces

Posted: 25 Apr 2012 02:43 PM PDT

Sears Canada Inc., a unit of Sears Holdings Corporation (NASDAQ:SHLD), continues to liquidate its assets in line with its strategy of divesting assets to boost its cash and overall financial position. Sears Canada announced that it has entered into a deal with Nationwide Marketing Group LLC to sell its interest in Cantrex Group operations.
Cantrex facilitates Sears to develop its merchandising, buying and logistics services in the furniture and appliance sectors. The company expects to complete the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

TMK Reports Higher, Affirms Outlook

Posted: 25 Apr 2012 02:33 PM PDT

Life and health insurer, Torchmark Corp. (NYSE:TMK) reported first-quarter 2012 net operating income of $1.27 per share, up 22% year over year. The increase can be attributed to higher insurance underwriting income coupled with increased investment income. Lower share count compared with the year-ago period, due to share repurchases, also buoyed the bottomline.
Total insurance premium increased 5.0% year over year to $706.7 million, led by higher premium from the Life Insurance and Medicare Part D … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Edwards Beats, Lowers 2012 View

Posted: 25 Apr 2012 02:33 PM PDT

Edwards Lifesciences Corporation (NYSE:EW) reported net income of $65.1 million or 55 cents per share in the first quarter of fiscal 2012 compared with $63.9 million or 53 cents per share in the year-ago period. Adjusted earnings per share (EPS) came in at 53 cents, ahead of the Zacks Consensus Estimate of 48 cents but unchanged from the first quarter of fiscal 2011.
Revenues increased 13.5% year over year (underlying sales growth of 13.4%) to $459.2 million during the quarter, surpassing the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AIG Denied Intervening In BofA Deal

Posted: 25 Apr 2012 02:33 PM PDT

On Tuesday, as reported by Reuters, American International Group Inc.’s (NYSE:AIG) attempts to intervene in Bank of America Corporation’s (NYSE:BAC) $8.5 billion mortgage bond settlement case were spurned. New York state Supreme Court Justice Barbara Kapnick not only dismissed the allegations of AIG, but also of the other investors.
Reasons Behind AIG's Opposition
Along with a group of investors, AIG had earlier opposed BofA's deal, citing the settlement as substantially inadequate. They wanted … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Robert Half Beats On Topline

Posted: 25 Apr 2012 02:24 PM PDT

Robert Half International Inc. (NYSE:RHI), a leading global staffing and risk consulting services provider, has once again delivered solid results. The first quarter 2012 earnings went up 89% to 34 cents a share from 18 cents a share reported in the year-earlier quarter.
Earnings per share also surpassed the Zacks Consensus Estimate of 28 cents. The results were driven by top-line growth and continued demand for skilled workforce and consulting services.
Quarter in Detail
During the quarter, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Cymer Beats 1Q Estimates

Posted: 25 Apr 2012 02:15 PM PDT

Cymer Inc. (NASDAQ:CYMI) has reported first quarter 2012 earnings of 68 cents per share, strongly beating the Zacks Consensus Estimate of 24 cents on a favorable tax rate.
Revenue
Cymer reported revenue of $150.5 million in the first quarter, down 2.5% from $154.4 million in the year-ago period. However, revenue surpassed the Zacks Consensus Estimate of $139.0 million, thanks to customer acceptance on the three extreme ultraviolet (EUV) 3100 sources and strong demand for deep ultraviolet (DUV) light … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Merck

Posted: 25 Apr 2012 02:15 PM PDT

Merck & Co. Inc. (NYSE:MRK) is set to announce its first quarter 2012 results on April 27, 2012, before the opening bell. The Zacks Consensus Earnings Estimate for the first quarter is 97 cents per share (with an upside potential of 2.06%) on revenues of $11.75 billion. In the year-ago quarter, Amgen recorded earnings per share of 92 cents, while sales came in at $11.58 billion.
Fourth Quarter Recap
Merck reported fourth quarter 2011 earnings per share (excluding special items) of 97 cents per … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CBRE Group Marginally Beats Estimates

Posted: 25 Apr 2012 02:15 PM PDT

CBRE Group Inc. (NYSE:CBG), the world's largest commercial real estate services firm in terms of fiscal 2011 revenue, reported first quarter 2012 revenues of $1.35 billion compared with $1.19 billion in the year-earlier quarter, reflecting an increase of 14%. The revenues in the reported quarter marginally beat the Zacks Consensus Estimate by $2 million.
The company reported a net income of $27.0 million or 8 cents per share during the quarter, compared with $34.4 million or 11 cents in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

FMC Tech Misses EPS, Beats Revenue

Posted: 25 Apr 2012 02:09 PM PDT

Oil drilling equipment maker FMC Technologies Inc. (NYSE:FTI) reported first quarter diluted earnings per share of 41 cents, below the Zacks Consensus Estimate of 45 cents. The weaker-than-expected results were mainly due to the effects of higher project costs and expenses on subsea margins.
However, compared with the year-ago period, FMC's earnings per share improved by a handsome 28.1% – from 32 cents (adjusted) to 41 cents – on the back of strength in subsea and surface systems orders. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MICROS Stays Neutral

Posted: 25 Apr 2012 02:04 PM PDT

We reiterate our Neutral recommendation on MICROS Systems Inc. (NASDAQ:MCRS). Even though a few important contract wins dominated the overall performance of the company, its failure to get rid of a few lingering downsides obstructed its exit from the precarious zone.
The major highlights of the past quarter were the continued winning and extension of projects. These included eminent patrons such as Bertucci's Italian Restaurant, Wynn Resorts (NASDAQ:WYNN), Ruby Tuesday (NYSE:RT), etc., which averred their … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks Jump On Apple And Fed

Posted: 25 Apr 2012 02:00 PM PDT

04/25/12 The markets rallied Wednesday after tech giant Apple posted strong quarterly results that overshadowed a weaker-than-expected durable goods … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Kansas City Southern Beats On Revs

Posted: 25 Apr 2012 01:57 PM PDT

Kansas City Southern (NYSE:KSU) reported first quarter 2012 adjusted earnings per share of 75 cents, surpassing the Zacks Consensus Estimate of 72 cents. The earnings figure jumped 29.3% year over year from 58 cents driven by higher freight rates.
Adjusted earnings for the first quarter exclude the impact of 7 cents per share of unfavorable special items related to adjustment for debt retirement costs.
Quarterly total revenue was $547.5 million, up 12.1% year over year and ahead of the Zacks … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Stocks Watchlist For Thursday, April 26

Posted: 25 Apr 2012 01:50 PM PDT

 
( click to enlarge )
 
Nice day for Zynga Inc(ZNGA). I alerted this one on Twitter morning as a possible bounce play and the stock did what it was supposed to do, closing up 51 cents or 5.9% on the day trading more than 18 Million of shares. The stock hit a high of $9.19, which is resistance for Thursday's move. ZNGA showed strength throughout the day and should continue this upside move. If the stock can break through this level, I expect to see another strong upside move to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Big Lots Lowers Outlook

Posted: 25 Apr 2012 01:47 PM PDT

The largest broad-line closeout retailer Big Lots Inc.'s (NYSE:BIG) latest release reminds us of the Dow theory, which says the market discounts everything. This stands perfectly true for the company as its shares plunged more than 14% after management lowered its first-quarter guidance on the key retail metric i.e., its comparable store sales.
Management now expects comparable store sales in the U.S. to be somewhat negative compared to its earlier guidance of an increase of 2% to 4%.
Big Lots … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

St. Jude’s Alliance With Abbott

Posted: 25 Apr 2012 01:39 PM PDT

St. Jude Medical Inc. (NYSE:STJ) recently disclosed its decision to build on its mutual agreement with Abbott Laboratories (NYSE:ABT) by revealing the long-term Choice Alliance joint venture. This initiative provides St. Jude Medical the opportunity to incorporate Abbott’s drug-eluting stents with its cardiovascular, cardiac rhythm management and electrophysiology offerings.
Both companies have agreed to endorse each other's products to their respective customers. Further, Abbott has received the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Weak Equals Weak

Posted: 25 Apr 2012 01:34 PM PDT

While there have been a few exceptions, five decades of data suggest (“unexpectedly”) weak durable goods sales will soon translate into (“unexpectedly”) weak employment conditions.
Recovery? I think … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

CNOOC Grows On Higher Prices

Posted: 25 Apr 2012 01:29 PM PDT

China's dominant producer of offshore crude oil and natural gas, CNOOC Limited's (NYSE:CEO) first quarter 2012 revenue jumped 4.1% year over year to 49,281.6 million yuan (US $7,796.3 million), mainly on the higher price realization.
Production
CNOOC achieved net production of 79.8 million barrels of oil equivalent (MMBoe), down approximately 6.6% from the year-ago level. Of the total production, almost 80% was oil and liquids and the remaining 20% constituted natural gas. This … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Amazon.com

Posted: 25 Apr 2012 01:29 PM PDT

Amazon.com Inc. (NASDAQ:AMZN) is scheduled to report its first quarter fiscal 2012 results on April 26, 2012. We witness both downward and upward movements in analyst estimates in the build-up to the release.
Prior-Quarter Synopsis
Amazon reported weak fourth-quarter revenue, but earnings beat the Zacks Consensus Estimate by 24 cents, or 150%, on improved operating margins and a lower share count.
The company reported revenues of $17.43 billion, up 60.3% sequentially and 34.6% year over year (in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

BOK Financial Tops, Raises Dividend

Posted: 25 Apr 2012 01:17 PM PDT

Aided by growth in net interest revenue as well as fees and commissions revenue, BOK Financial Corporation (NASDAQ:BOKF) posted first-quarter 2012 earnings of $1.22 per share, well above the Zacks Consensus Estimate of $1.03. The company also reported growth in commercial loan balances and announced a nickel's increase in quarterly cash dividend.
BOK Financial's results also comfortably outshined prior-quarter earnings of 98 cents per share and year-ago earnings of 94 cents per share.
Net income … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

PXP Prices Senior Notes

Posted: 25 Apr 2012 01:17 PM PDT

Oil and gas company Plains Exploration & Production Company (NYSE:PXP) announced that it has priced $750 million of 6.13% Senior Notes. This will be sold to the public at 100% of the principal amount and will fall due in 2019.  
Plains Exploration & Production plans to utilize the net proceeds of this offering to repay outstanding debts under the company's senior revolving credit facilities and redeem all outstanding Senior Notes due 2017 with an aggregate principal amount worth … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Capella Surpasses Estimates

Posted: 25 Apr 2012 01:17 PM PDT

Capella Education Company (NASDAQ:CPLA), the provider of online education, recently delivered first-quarter 2012 earnings of 82 cents a share that compared to 90 cents earned in the prior-year quarter. The decline was due to fall in students' enrollment. However, the first quarter earnings surpassed the Zacks Consensus Estimate of 78 cents.
Behind the Headline
Total active enrollment dropped 5.9% to 37,553 during the quarter. New enrollment tumbled 4.9%, reflecting tough market conditions.
The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Dow Chemical

Posted: 25 Apr 2012 01:17 PM PDT

Chemical giant The Dow Chemical Company (NYSE:DOW) is scheduled to report its first-quarter 2012 results before the trading begins on Thursday, April 26. Analysts polled by Zacks currently expect revenues of $15,342 million and earnings of 59 cents a share on average for the quarter.
While Dow did not provide any financial guidance for the March quarter, it does not envision any significant improvement in market conditions in the quarter. However, it has projected that economic recovery will gain … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Tweet Bill O’Reilly (@oreillyfactor) And Tell Him To Man Up And…

Posted: 25 Apr 2012 01:16 PM PDT

Tweet Bill O'Reilly (@oreillyfactor) and tell him to man up and debate … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Life Tech Beats Estimates

Posted: 25 Apr 2012 01:03 PM PDT

Life Technologies Corporation (LIFE) reported earnings per share ("EPS") of 72 cents in the first quarter of fiscal 2012 compared with 50 cents in the year-ago period. However, after taking into account certain one-time items, adjusted EPS came in at 99 cents, ahead of both the Zacks Consensus Estimate of 93 cents and the year-ago quarter's adjusted EPS of 85 cents.
Revenues increased 5% year over year (2% at constant exchange rates or CER) to $939 million, surpassing the Zacks … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Avery Dennison Trumps Estimates

Posted: 25 Apr 2012 12:53 PM PDT

Avery Dennison Corporation (NYSE:AVY) reported adjusted net income of 49 cents per share in the first quarter of fiscal 2012, slightly below 51 cents delivered in the year-ago quarter. Adjusted earnings from continuing operations came in at 45 cents in the quarter, as compared with 47 cents posted in the year ago period. The adjusted earnings per share beat the Zacks Consensus Estimate of 44 cents.
Net income (as reported) fell slightly to $43.9 million (or 41 cents per share) from $44.8 million, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Hess Misses EPS In 1Q

Posted: 25 Apr 2012 12:53 PM PDT

Integrated oil company Hess Corporation (NYSE:HES) reported adjusted first quarter 2012 earnings of $1.50 per share, which came in below the Zacks Consensus Estimate of $1.53. The quarterly result was also below the adjusted year-earlier earnings of $1.82. The underperformance was mainly due to lower production realized in the reported quarter.
Total revenue declined 7.3% year over year to $9,747 million in the quarter, but surpassed the Zacks Consensus Estimate of $8,646 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Macy’s Adds One More In Sarasota

Posted: 25 Apr 2012 12:53 PM PDT

Macy's Inc. (NYSE:M), the leading click & mortar retailer in the U.S., plans to open a new store in Sarasota, Florida in fall 2014 to expand its operational roots in the region.
The new store will offer the residents of Sarasota an additional avenue to own Macy's wide range of merchandise, including men's, women's and children's apparel and accessories, cosmetics, home furnishings and other consumer goods.
Management stated that the planned 160,000-square-foot store will employ 175 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

AutoNation Beats, EPS Up 22%

Posted: 25 Apr 2012 12:43 PM PDT

AutoNation Inc. (NYSE:AN) recorded a profit of $73.5 million or 56 cents per share in the first quarter of 2012 compared with $70.3 million or 46 cents in the corresponding quarter of last year, reflecting a 22% increase on per-share basis. The profit surpassed the Zacks Consensus Estimate by 3 cents per share.
Revenues in the quarter rose 10.4% to $3.7 billion from $3.3 billion in the same quarter last year. The boost in sales was driven by improvement in retail new vehicle sales. Revenues were … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

MeadWestvaco Beats Estimates

Posted: 25 Apr 2012 12:43 PM PDT

MeadWestvacoCorporation (NYSE:MWV) has reported adjusted earnings of 34 cents per share compared with 43 cents in the year-ago quarter. Adjusted earnings were ahead of the Zacks Consensus Estimate of 24 cents.
Adjusted earnings exclude restructuring charges of 4 cents and charges related to the pending spin-off of Consumer & Office Products in 2012. Including these items, earnings were 28 cents per share in the reported quarter compared with 41 cents in the year-ago quarter.
Total revenues in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

DeVry Meets EPS, Enrollments Weak

Posted: 25 Apr 2012 12:43 PM PDT

DeVry Inc. (NYSE:DV) announced third quarter 2012 earnings of $1.00 per share, down 24.2% from $1.32 per share posted in the year-ago period with no abatement in the decline in enrollment. Earnings were however in line with the Zacks Consensus Estimate.
DeVry's quarterly net sales fell 3.9% to $540.8 million from $562.7 million in the prior-year period due to sluggish student enrollments in the quarter. Acquisitions made in the recent past added 3.1% to top-line growth in the quarter. Sales were … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Earnings Preview: Citrix Systems

Posted: 25 Apr 2012 12:43 PM PDT

Citrix Systems Inc. (NASDAQ:CTXS) is scheduled to release its first quarter 2012 results on Wednesday, April 25, after the closing bell. The current Zacks Consensus Estimate for the first quarter is pegged at 39 cents, representing an annualized decline of 6.00%.
With respect to earnings surprises over the trailing four quarters, Citrix Systems has outperformed the Zacks Consensus Estimate in all the four quarters with an average earnings surprise of positive 9.57%, implying that the company has … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Gasoline-Futures Prices Tumble Due To Market Forces

Posted: 25 Apr 2012 12:43 PM PDT

Well now those greedy, market-destabilizing, market-manipulating speculators have changed course, and they’re now driving gasoline futures prices down on the CME, see chart above from the CME.  From today’s WSJ:

“U.S. gasoline-futures prices have dropped 16 cents a gallon over the past eight trading days, as more U.S. crude becomes available for refining into gasoline and fears about a shortage of refining capacity fade.

Helping to spur the downturn is the reversal of a pipeline’s flow … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Meredith Beats, Profit Falls

Posted: 25 Apr 2012 12:33 PM PDT

Meredith Corporation (NYSE:MDP) recently posted better-than-expected third-quarter 2012 results on the back of healthy demand for non-political advertising at its Local Media Group, improving trends witnessed across National Media advertising, and increased readership and online traffic.
The quarterly earnings of 66 cents a share beat the Zacks Consensus Estimate by a penny, but dropped 2.9% from 68 cents earned in the prior-year quarter. On a reported basis, including one-time items, earnings … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

NextEra Beats, Affirms Guidance

Posted: 25 Apr 2012 12:28 PM PDT

NextEra Energy Inc. (NEE) announced first-quarter 2012 operating earnings of $1.02 per share, 8 cents lower than the year-ago quarter. Earnings results topped the Zacks Consensus Estimate by 5 cents.
The earnings growth can be attributed to increase in retail sales as well as a widening of the customer base.
NextEra Energy recorded GAAP earnings for the first quarter of 2012 of $1.11 per share compared with 64 cents per share in the year-ago period.
The difference of 9 cents between operating … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Northrop Beats EPS, Ups Guidance

Posted: 25 Apr 2012 12:28 PM PDT

Defense contractor Northrop Grumman Corporation (NYSE:NOC) reported impressive first quarter 2012 results. Earnings of $1.88 per share compared favorably with $1.44 per share posted in the first quarter of 2010. Northrop results also exceeded the Zacks Consensus Estimate of $1.59 for the quarter.
The upside in earnings was attributable to an improved performance besides lower costs and share count.
Total Revenue
Sales for the reported quarter decreased 7.9% to $6.19 billion, from $6.73 billion in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

GD Beats By A Penny, Misses Revs

Posted: 25 Apr 2012 12:13 PM PDT

General Dynamics Corporation (NYSE:GD) announced its first quarter 2012 earnings before the opening bell today. In first quarter of 2012, the company clocked pro forma earnings of $1.70 per share, which was above the year-ago figure of $1.64. The earnings beat the Zacks Consensus Estimate by a penny.
The difference between GAAP and pro forma was due to a non-cash out-of-period accounting adjustments in European operations of 13 cents. Including this charge, the company reported GAAP EPS of $1.57. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Thermo Fisher Beats, Ups Guidance

Posted: 25 Apr 2012 12:13 PM PDT

Thermo Fisher Scientific (NYSE:TMO) reported earnings per share (EPS) of 75 cents in the first quarter of fiscal 2012 compared with 64 cents in the year-ago quarter. After taking into account certain one-time items, adjusted EPS came in at $1.17, above the Zacks Consensus Estimate of $1.11 and the adjusted EPS of 92 cents in the year-ago period.
Revenues increased 14% year over year to reach $3.1 billion during the quarter, higher than the Zacks Consensus Estimate of $2.98 billion based on strong … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

This Gold Miner Is Trading At A Significant Discount To Bullion

Posted: 25 Apr 2012 11:23 AM PDT

The gold miners are hitting new lows while equities are hitting new highs.
Obviously this has caused some of our readers great concern as the
fundamentals clearly do not support such a move where wealth in the earth
assets are trading at significant discounts, while U.S. bank assets are
trading at a premium.
Does this possibly mean we should sell our mining
assets trading at historic discounts to their asset values for propped up
banks and housing stocks?…No, this may be a trap.
Indeed the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Stock Trading On Thursday, April 26, 2012

Posted: 25 Apr 2012 05:02 AM PDT

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Thursday, April 26, 2012

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
9.82
+ 1.66
9.68
9.81

Bullish

AXP – American Express Company
58.91
+ 2.22
57.71
57.74

Bullish

BA – Boeing Co
77.08
+ 5.29
74.15
73.40

Bullish

BAC – Bank of America Corporation
8.26
+ 0.61
8.20
8.62

Neutral

CAT – Caterpillar Inc
103.44
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For ETF Trading On Thursday, April 26, 2012

Posted: 25 Apr 2012 05:02 AM PDT

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Thursday, April 26, 2012

The top 40 ETFs by net assets
In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AGG – iShares Lehman Aggregate Bd Fd
110.48
+ 0.05
110.50
110.43

Neutral

BND – Vanguard Total Bond Market ETF
83.71
− 0.02
83.75
83.72

Bearish

DBC – DB Commodity Index Tracking Fd
28.15
+ 0.57
28.00
28.04

Bullish

DIA – SPDR DJ Industrial Average … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Forex Trading On Thursday, April 26, 2012

Posted: 25 Apr 2012 05:02 AM PDT

By ForexMansion.com

The Trend Trader for Forex
For Trading On Thursday, April 26, 2012

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
1.0350
+ 0.35
1.0320
1.0367

Neutral

EURUSD – Euro / US Dollar
1.3216
+ 0.16
1.3183
1.3145

Bullish

GBPUSD – British Pound / US Dollar
1.6161
+ 0.11
1.6131
1.6031

Bullish

USDCAD – US Dollar / Canadian Dollar
0.9831
− 0.40
0.9888
0.9938

Bearish

USDCHF – US Dollar / … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Trend Trader For Futures Trading On Thursday, April 26, 2012

Posted: 25 Apr 2012 05:02 AM PDT

By ForexMansion.com

The Trend Trader for Futures
For Trading On Thursday, April 26, 2012

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Jun ESM2
1387.25
+ 1.26
1370.92
1374.83

Bullish

Dow Jones – Jun YMM2
13040
+ 0.63
12946
12935

Bullish

Nasdaq – Jun NQM2
2704.50
+ 2.74
2657.42
2687.83

Bullish

Russell – Jun TFM2
809.60
+ 1.61
797.84
801.20

Bullish

INTEREST RATES

US T-Bond – Jun ZBM2
141-30
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Are You Ready To Ride The Global Wave?

Posted: 25 Apr 2012 01:48 AM PDT

The economy seems like it's been in choppy waters lately. A rise in manufacturing is negated by a weak jobs number. The U.S. housing market's signs of life are impeded by high gas prices. The eurozone appears to be improving, then a sovereign debt rogue wave surfaces in Spain.
How can investors make sense of these mixed signals? Analysts at Bank of America-Merrill Lynch created the Global Wave, a compilation of seven global indicators designed to provide a comprehensive assessment of trends … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
at

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